What is the median home price in Schenectady?

The median home price in Schenectady, Schenectady city, New York is $140,000, which is 50% below the national average of 281,900 ($281,900).

Schenectady, Schenectady city, New York has a violent crime rate of 0.3 per 1,000 residents, which is 92% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 4.4 per 1,000 residents.

What is the Walk Score for Schenectady?

Schenectady, Schenectady city, New York has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 1/100.

What is the median household income in Schenectady?

The median household income in Schenectady, Schenectady city, New York is $54,650, which is 27% below the national average of 74,580 ($74,580).

What is the average rent in Schenectady?

The median rent in Schenectady, Schenectady city, New York is $858 per month. The national average median rent is $1,163/month.

What is the air quality in Schenectady?

Schenectady, Schenectady city, New York has an Air Quality Index (AQI) of 40, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Schenectady?

The population of Schenectady, Schenectady city, New York is approximately 68,476. The homeownership rate is 83.0% (national average: 65.9%).

What are the climate risks in Schenectady?

Schenectady, Schenectady city, New York has an overall climate risk rating of "Relatively Moderate" with a risk score of 81.41. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Schenectady affordable?

Schenectady, Schenectady city, New York has an affordability index of 119, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 11.2¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Schenectady?

The unemployment rate in Schenectady, Schenectady city, New York is 9.4%. The national average unemployment rate is 3.7%. The poverty rate is 21.2% (national average: 12.4%).

Schenectady

Schenectady city, New York

Affordable

About Schenectady

Schenectady, New York, offers a compelling blend of affordability and accessibility that's turning heads. Imagine a place where a home costs around $140,000 – a stark contrast to the national median of $350,000 – allowing you to stretch your housing budget further. This city, home to nearly 70,000 residents, boasts a laid-back, friendly atmosphere where you can enjoy the simple pleasures of life without breaking the bank. You'll find a community that values its history and embraces a relaxed pace, perfect for those seeking a more balanced lifestyle.

For the savvy investor or those seeking a fresh start, Schenectady presents a solid opportunity. While the median household income hovers around $54,650, the lower cost of living provides a significant advantage. The housing market is stable, making it an attractive option for first-time homebuyers or those looking to diversify their investment portfolio. Schenectady is an excellent choice for young professionals, families, and anyone seeking a secure, affordable, and welcoming community.

Schenectady, New York at a Glance

Schenectady is a city in Schenectady city, New York with a population of approximately 68,476. The median home value is $140,000 and the median household income is $54,650. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 0.3 per 1,000 residents, which is 92% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $858 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.